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Pink star set to shine in Sotheby's auction in Switzerland


Switzerland

Pink star set to shine in Sotheby's auction in Switzerland

A diamond known as the pink star is expected to break all records for a gemstone when it comes up for auction in Switzerland next month.

It’s reckoned the oval-cut 59.60 carat stone will top the 50 million euro mark when it goes under the hammer.

Experts say diamonds such as the pink star attract buyers as status symbols and as a hedge against volatility in the financial markets.

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